I just started buying this week. Started with bitcoin at $12.2k. Looking to get into Litecoin as soon as it drops further. Not sure if I should just buy at the $130s or wait and see if it dips lower.
The answer to basically every question of this sort is "no one knows" because the vast majority of price movement in these things are purely speculation, which is largely arbitrary. When people are talking about things dramatically changing value simply because they are listed on an exchange despite no fundamental change in the underlying asset, then it's basically just guessing and gambling.
Man, I remember when I thought buying LTC at 70 was an overbuy hahahaha. @DudeWah what snowball effect do you speak of?
Trav isn't a trader, he's a Hodler, he just tries to use data/analysis to keep people from panic selling
I'm buying back in @ 11 and sub it. Staying clear until kickoff. Very long XRP, NEO, LTC, and decently in ETH. Have limit for 8 LTC @ 135.2, 10 @ 132.3, 12 @ 129.6. LTCs getting crushed from what we saw yesterday. I'm still a buy and holder. At 900 Ripple right now. Time to start buying more Neo and BCC. SIL
I'm trying to be a big whale on LTC, but then I see some mofo buy 188.6 LTCs at $140. ****. My 8 size is p***y stuff. SIL
When there’s a big sell off, it tends to snowball into a bigger dip than there should be. Couple that with some panic over a vague event that a lot of people don’t understand (short potential) and things can go down a lot more than you’d expect. I think a lot of people will buy back in too early. Don’t let your ego get the best of you. There will be time to buy back in with zero regrets. I think it’s not there yet. To each their own though. I think you’re dollar cost averaging LTC too high unless you’re looking to flip early. If you’re going very long, I’d wait it out a little.
I've flipped some LTCs at the 188-192 levels. Trying to buy back in. I want my full margins though. SIL
The value play here is Litecoin...not only because it has the most room for growth, but it's also a better coin for every day transactions.
